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In this video, Tom Satori discusses the importance of having a contract for graphic designers who take on clients. He emphasizes that a well-structured contract protects designers from being taken advantage of, outlines work hours and payment, and could prevent legal issues. Tom also mentions that he has made updates to his contract for 2021, which he will review during the video. Additionally, he highlights Skillshare as an online learning platform offering a variety of courses in creative fields like logo design, graphic design, and web design, encouraging viewers to stay tuned for more information on accessing Skillshare Premium.